<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM KARRINGTON HEALTH, INC. FORM 10-Q FOR THE QUARTERLY PERIOD ENDED MARCH 31, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> MAR-31-1998 <CASH> 4,723 <SECURITIES> 0 <RECEIVABLES> 6,252,420 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 6,524,725 <PP&E> 133,405,804 <DEPRECIATION> 4,565,829 <TOTAL-ASSETS> 151,175,898 <CURRENT-LIABILITIES> 15,779,014 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 33,484,712 <OTHER-SE> (9,765,138) <TOTAL-LIABILITY-AND-EQUITY> 151,175,898 <SALES> 0 <TOTAL-REVENUES> 6,700,610 <CGS> 0 <TOTAL-COSTS> 5,175,333 <OTHER-EXPENSES> 2,965,403 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,346,842 <INCOME-PRETAX> (2,786,968) <INCOME-TAX> 0 <INCOME-CONTINUING> (2,786,968) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (2,786,968) <EPS-PRIMARY> (.41) <EPS-DILUTED> (.41)